New evidence firmly revives Wuhan lab origin theory

This article was first published by Vanity Fair jointly with ProPublica, a Pulitzer Prize-winning investigative newsroom. Toy Reid has always had a gift for languages – a gift that would carry him far from what he calls his “very blue-collar” roots in Greenville, South Carolina. In high school, Spanish came easily. At nearby Furman University, […]Continue Reading

Man vs machine: US preparing an AI Bill of Rights

Despite the important and ever-increasing role of artificial intelligence in many parts of modern society, there is very little policy or regulation governing the development and use of AI systems in the US Tech companies have largely been left to regulate themselves in this arena, potentially leading to decisions and situations that have garnered criticism. […]Continue Reading

US chip ban de facto declaration of war on China

The United States has gambled big in its latest across-the-board sanctions on Chinese companies in the semiconductor industry, believing it can kneecap China and retain its global dominance. From the slogans of globalization and “free trade” of the neoliberal 1990s, Washington has reverted to the technology-denial regimes that the US and its allies followed during the Cold […]Continue Reading

Will US target China’s auto chip supply next?

Shanghai is planning to build a world-class hub for automobile chip makers to serve the sector’s strong demand, a homegrown upshot of Washington’s widening bans on shipping chips and chip-making equipment to China. Electronics including chips now account for 55% of a new car’s total cost on average, compared with 25% a decade ago, according to […]Continue Reading

AMRACE-PTC collaboration to support complex manufacturing in Malaysia

Targets US$1.06bil to US$1.7bil Malaysian aerospace manufacturing market
Attests to AMRACE ability to roll out complex solutions in fast evolving market Kuala Lumpur based, the Advanced Manufacturing & Robotics Accelerator Competitiveness (AMRACE) Centre of Excellence has been selected by PTC Corporation of the US to become its Approved Training Centre (ATC) in…Continue Reading

Vietnam is not facing fuel shortages, minister says

HANOI: Vietnam is not facing fuel shortages, its trade and industry minister said on Friday (Oct 28), seeking to calm concerns after some gas stations in southern cities cut or limited sales, citing financial difficulties. The move was because of fluctuation in the foreign exchange rate and because some fuelContinue Reading

Does Elon Musk have a coherent vision for Twitter?

Elon Musk’s proposed US$44 billion deal to acquire Twitter and take it private is reportedly coming together as a court’s October 28, 2022, deadline is upon us. Musk told his bankers he intends to complete the deal by then – and his lenders have reportedly already begun funding the deal. If he doesn’t, Twitter’s lawsuit […]Continue Reading

Health check for Japan’s ailing economy, sickly yen

TOKYO – Shigeyuki Goto isn’t getting much of a honeymoon as Japan’s newly minted economic revitalization minister. Tokyo rolled out its latest stimulus package the same week he’s moving into his new office.

Goto’s first task is implementing the 29.1 trillion yen (US$199 billion) stimulus plan Prime Minister Fumio Kishida announced on Friday (October 28). It’s aimed at boosting growth and easing the impact of rising prices on consumers and companies as Kishida’s year-old government loses more and more support. It also increases incentives for companies to boost wages.

“I will do my best to deliver various measures in this comprehensive economic package to the people so that they can feel that we are supporting their lives,” Kishida told reporters Friday. Then – in what may be an inauspicious sign – hours after his press briefing, he tested positive for Covid-19.

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